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Tariffs: Economic Impacts and Ethical Dilemmas
This chapter examines the historical and contemporary implications of tariffs, focusing on their effects on developing nations and major trade partners like the U.S., Canada, and China. The discussion includes the influence of tariffs on consumer goods, the exploitation of regulatory loopholes by companies like Shein and Timu, and the ethical considerations surrounding fast fashion. Additionally, it highlights the complexities of manufacturing, trade wars, and the dual goals of revitalizing American manufacturing while maintaining competitive market dynamics.